Re: Substitution?
>HMRC stated that they will not accept any arrangement that has been created to avoid tax.
Yet seem to be quite happy about the thousands of offshore umbrella companies...
Yes, the 'employee' might be paying full UK tax on their earnings, however their earnings are what's left after the agency and the umbrella company's administrator have taken their fees, the scale of these offshoring operations would seem to indicate there are worthwhile UK tax savings to be made by the agencies and administrators...
Biting the hand that feeds IT
